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Creative Conversion/Development Opportunity 1218-1230 S Main St

39,912 SF Vacant Retail Building Los Angeles, CA 90015 $10,899,000 ($273/SF)

Investment Highlights

  • Los Angeles-Main Fashion Plaza Shopping Center with 120 Car Rooftop Parking
  • Future Development Site with Income During Entitlement Period
  • Rare Fashion/South Park Districts Purchase Opportunity
  • Block to Block Between Los Angeles & Main Streets

Executive Summary

Rare Fashion District/South Park District purchase opportunity. Future development site with income during entitlement period. Call broker for rent roll and income/expense details. Block-to-block property between Los Angeles & Main Streets. 156 foot frontage on Main St and 113 foot frontage on Los Angeles St. Located right on the border of the Fashion District and South Park District. Across from Axis Apartment Complex. 3/4-mile east of the Harbor (110) Freeway and 1/4-mile north of the Santa Monica (I-10) Freeway. Surface and rooftop parking for 120± vehicles (parking covenant in place: call broker). TOC: Tier 3.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
39,912 SF
Building Class
C
Year Built
1982
Price
$10,899,000
Price Per SF
$273
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.97
Lot Size
0.94 AC
Zoning
LA M2 - MR1 Uses, Additional Industrial Uses, Mortuaries, Animal Keeping
Parking
120 Spaces (3.01 Spaces per 1,000 SF Leased)
Frontage
154 FT on S Main St

Amenities

  • Bus Line
Walk Score®
Walker's Paradise (93)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
Bank of America
Kelly's Coffee & Fudge Factory
Grocery Outlet
Bank Of Hope
Starbucks
9round Fitness
U.S. Bank
Orangetheory Fitness
Mayweather Boxing + Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5139-027-016
Land Assessment
$1,476,227
Improvements Assessment
$3,397,975
Total Assessment
$4,874,202
  • Listing ID: 33367430

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 1218-1230 S Main St, Los Angeles, CA 90015

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